Capital & Regional, the UK-listed property asset manager, pushed pre-tax profits up 37% to £36.2m (€52m) on the back of strengthening demand for real estate.

Assets per share rose 36% to 710p in the year to December 31. The company, led by chief executive Martin Barber, hiked its full-year dividend 56% to 14p. Total funds under management rose from £2.9bn to £4bn.